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and gloom for the market watchers. what's the truth here. >> traders for a long time figured this was no big deal a big oner. recently they started to take action pulling gold prices higher over $1,600 a troy ounce and a weak dollar means that oil prices are spiking higher almost to $100 a barrel. bar the door if we actually have a default then you could see the big impacts a big market sell-off spiking interest rates. >> shepard: default a much bigger deal than a downgrade. a lot of folks suggest a downgrade coming either way. >> a downgrade could come any time. very big impact on consumer interest rates, mortgage rates, small business loans. you name it, they become more exeivel if those interest rates move higher. also stocks could sell off not good news for your 401(k), shep. >> shepard: no doubt. gerri willis fox business news. her report 5:00 eastern time, 4:00 central on the fox business network jewels up the dial. one republican leader says president obama would rather give speeches about the debt crisis than find a solution. but the president's experts say he is the one actually tal
government and where you spend. >> every time in recent american history, we have run this experiment of big government, big spending, big entitlements, big taxes. it has led to economic catastrophe. it's led to huge amounts of burden on the american people. >> bill: what economic catastrophe. >> ever since the beginning of the great society as you pointed out trillions of dollars that began the big uptick in deficit spending. some presidents have spent more than others, okay? >> bill: right. >> every time we have run the far left progressive experiment of dog out money whether it's entitlement programs, bill, whether it's going into the inner city and pumping god knows how many hundreds of billions into education, every time we have run those experiments, the exact opposite effect has happened. not only have the poor not been elevated out of poverty, but you have also perpetuated this cult of dependency and victim hood. >> bill: that's pretty true. what you are say something true. >> in the mackenzie survey you are talking about rich is getting richer and poorer getting poorer. that's the f
of the problem we face as a nation. i'm a big supporter of cut, cap and balance. we had a historic vote last week that i believe was one much the most powerful votes for a taxpayer and to move to a different position wasn't some where i could go. no, it wasn't difficult. >> greta: it had some wording about a balanced budget. that didn't satisfy you? >> that was after $900 billion released and credit extended as a nation. we were saying you can have 900 billion more dollars to spend but later we will consider a balanced budget amendment. my position is we need to discuss the reforms in place now today before we extend our credit limit any more. there were are cuts and savings. only $7 billion next year compared to $900 billion of credit being released and that is nothing. that is absolutely nothing. it is one fifth of one penny of what we spend each year is what we were going to say. >> greta: sitting on the house floor and you are voting no and speaker wants you you to vote yes on it. like bad vibes, you sort of want to get out the door? >> not really. >> greta: did you tell him yourself you were
's obama that's responsible for this fear in america. >> bill: big time entertainment mogul steve scorches president obama saying that big business fears his administration. but is that true? we'll have analysis. >> no, no, no. oh. things are tight in britain between anti-rupert -- we'll have the latest on that. >> did you ever cheat in school. >> i never cheated on a test but homework. >> yes to be honest. >> john stossel on cheating and charles krauthammer on what happens if sarah palin enters the presidential race. caution, you are about to enter the no spin zone, the factor begins right now. captions by closed captioning services >> bill: hi, i'm bill o'reilly. thanks for watching us tonight. does big business fear president obama? that is the subject of this evening's talking points memo. first of all, i'm not going to report all the minutia surrounding the debt debate. most of it is nonsense and doesn't affect you at all. most in government believe some debt deal will get done. that's speculation if anything concrete happens the factor will report it immediately. even if the debt cei
say the tea party could be a big winner here in -- >> there is bright lights that shown through. there is a case of hobitry. but there are people who are interested in governing and can get it done. one is ran paul in the senate. he and mitch mcconnel have been bad cop and battered cop pummeling hare reid making it clear they are not unreasonable. that created pressure for harry reid . in the house. allen west who are hardcore tea party, andine though they opposed the boehner deal gave him the yes vote he needed to get back in the negotiating ring. they are willing to be pragmatic to get it better for themselves. >> again, we don't know, if we don't know if it will come together yet. there is a lot of folks to be counted in the senate and house. you wrote many times that washington is the big loser. everybody is saying what is going on up there? but as far as others, besides this place, anyone stand out? >> believers in stimulus. believers in demand side economics. the columnist from the new york times, they took a bad beating in all of this because the president walked away fro
quickly. that's still four or five years away and maybe deep space beyond. that's where the big questions are, whether we're going to follow through on that promise. >> you just described to us earlier how this is a record breaking crowd there at the kennedy space center. tell us what happened when the shuttle landed. >> for the first time in my coverage of the space shuttle landings, there was a huge round of applause as it landed. a lot of excitement. and there certainly is the sense of wow, this is really it. this is the very final time we're going to see this down. it's a little bit of a drag that it was predawn. it's really hard to see. usually see the shuttle approaching the runway because the lighting change on the runway lights being obscured by the shuttle coming in but then come flying behind us on the runway with a big parachute out dragging it down to a slower speed but certainly there was a lot of pride, i think, here watching this end of an era and, of course, you know, we had the big private commercial taxi service you mentioned, tom, in october, i believe, the big falcon l
intend to have my voice heard. just won't be with a big megaphone. >> sean:7ç do you agree this particular primary is a little different than previous primaries? republicans seem to have historically pick the next person up this year seems to be a battle between a tea party candidate or establishment candidate is that a fair characterization? >> i think that's right. i think the old order is being dismembered. the democratic party is a coalition of communities around special interests. president obama was very effective in mobilizing support in the down fall of the democratic party around his candidacy being the organized principle of that.gr that's what he's going to try again. republicans are slower to move into the 21st century model. but, the old idea that it was someone's turn no longer is valid. >> sean: you have been very critical of president obama on one issue in particular. it came up again today. the fact that the president seems obsessed with braming your brother for all of the problems that exist -- with blaming your brother for all of the problems that exist.
the cliff thelma and louise style but 43% of independents say what's the big deal? >> what's the pugh research? they only talk to 764 people. >> they did it all yesterday afternoon. >> by the way, we have a panel of independent voters coming up to see how they're feeling about the debt ceiling debate because obviously, they are the coveted group. >> that panel, 765. >> all right. >> a little bit bigger. >> we go to a panel of one. steve winn is the ceo of winn resorts. they have those casinos and stuff like that in vegas. he was on a conference call with investors and investment banks yesterday and he really let the president of the united states have it. we've got some quotes from the conference call. he says, here you go. "i'm saying it bluntly, that this administration is the greatest wet blanket to business and progress and job creation in my lifetime. and i can prove it and i can spend the next three hours giving you examples of all of us in this marketplace that are frightened to death about all the new regulations, our health care costs escalate, regulations coming from left
's casey anthony released shortly after midnight. last night -- night before last. the big question now is where did she go? >> right, where is she? >> where did she go? we know that after the courthouse right there, they went in a series of cars over to a parking garage where her attorney was. next thing you know, we don't know. >> possibly the old switch-a-roo there. >> she's facing the possibility of some lawsuits so she can't completely disappear so we may see her popping up again. right now, we don't know where she is and that's incredible really when you think about the amount of attention that this has gotten and that everyone knows what she looks like. >> it was amazing. had to go through some precautions. for a woman without a budget, it's amazing the amount of money we were spending on her, her safetyher future for now anyway or maybe somebody is keeping a tab because she probably will be coming into some money soon. they called up her parents and said do us a favor, show up at the hotel, excuse me, at the prison, and go -- and be a good decoy for the press who are going t
thought it was going to be resolved, the nfl labor situation hits snoer big snag. >> this is amazing, the owners say we've ratified a deal. let's play ball and open up the gates on saturday. the players say wait a second, we haven't read the whole thing. how dare you end the longest standout and lockout in this league without our permission? listen. >> we can all work quickly expeditiously and get this agreement done. it's time to get back to football. that's what everybody here wants to do. >> i've never seen anything like that. the players wanted more time to study the last minute changes. they have a lot more players than owners. now they feel a little stand-offish, the delay means camps won't open tomorrow, perhaps and the hall of fame game that is the official launch for the preseason which is the nfl season is canceled. and every week of preseason that is canceled, average loss of $200 million for players and owners. >> big deal. >> can't we all just get along? >> how can you end a fight without the other person's permission? how can you end a stand-off without the other per
that the market will believe in. >> thank you, we'll tell you two big interviews on fox news sunday. chris wallace speaks with john boehner. an exclusive only on fox . chris will talk with treasury secretary tim githener. you will not want to miss it >> now to norway, a nation in mourning tonight. new information about the two terror attacks that shock that country. the suspect in the attack telling local media that his client admitted responsibility. one of the attacks a bombing in the office of the prime minister. he was not there at the time. the crisis has united the norwedgian people. >> norway is a small country but we feel very strong with the people of about the violence we have seen. >> police have not confirmed a second shooter in the youth camp yesterday. but they are saying they are investigate witness reports. the shooting rampage killed 80 people there alone. survivors counting the cold blooded nature of the gunman. >> she - he was going around and killing people and i saw a girl and she was crying because she had seen him shoot another person. >> and latest streaming live for us in
you know them as three doors down, they've had all kinds of platinum records and big time hits. they'll be performing live on our concert stage out on the plaza today. and of course, famous dave's cooking up barbecue all morning long so if you're in the neighborhood, stop by 48th and sixth avenue, not a free concert but free breakfast and you might meet clayton morris. >> if you're lucky. i won't make any promises. friends e-mailed me last night, three doors down, huge fans. >> that could be three drawers down baseed on that guy in the video. he was in his drawers. that's a wake-up call. that guy in his drawers as well as your headlines this morning. he didn't want to kill terrorists in afghanistan perhaps because he wanted to kill americans right here at home. awol soldier may have been inspired by al-qaida cleric copycat to the ft. hood massacre, they are checking into that following his arrest and confession that he wanted to, "get even" with the army allegedly plotting two attacks near the base. the suspected gunman in the original attack had direct contact with awlaki. yesterday
, some real big news, actually, because speaker boehner, it seems, may have a plan that will come to fruition, before 4 p.m. this afternoon so that the asian markets aren't rattled and it will involve sort of a two pronged approach. >> yeah, but the most important part of the two step process clayton mentioned there's going to be a short-term extension involved and the democrats have objected to that, as you know, from the very beginning, the president, nancy pelosi, harry reid all three last night reiterating they will not support a short-term extension. so it appears we are playing with some serious fire on this sunday. >> what does john boehner do, comes up and hands over the paper work, they immediately say no. listen to this, thises what mitch mcconnell has to say about this. there is bipartisan agreement on the need to prevent fault and given the unprecedented size of the debt ceiling increase, the president is requesting, this is not an easy process. and the effort to prevent default while substantially reducing washington spending will continue. >> of course, all of the co
are investigating. >> president obama, you have been a big supporter. >> i'm going to vote for him for his re-election in 2012. >> a bevy of hold stars once again funneling big money at the president's campaign. we will run down the list. caution, you are about to enter the no spin zone, the factor begins right now. captions by closed captioning services >> bill: hi, i'm bill o'reilly. thanks for watching us tonight. the future of the country hangs on the debt debate. that is the subject of this evening's talking points memo. on paper, the debt thing is boring. and many americans aren't paying attention. but the controversy will define the future of the u.s.a. on one side, president obama, the democratic party, want america to become an entitlement state that compels social justice. financially supporting americans who can't o. won't support themselves. >> on the other side, republicans want a lean mean economic machine. the g.o.p. doesn't much care about providing money to those who have not. the party wants to drastically cut government spending and promote private business to bolster the e
on and now the weather maps. big story the last couple of days has been a nonstory, tropical storm don became nothing, unfortunately. folks in texas hopes to get a big storm out of this and get some rain at least. the storm slowed up and they did not get the rain. across the eastern part of the country, across coastal areas, there was some rain but not too far inland but they will take anything they can get the entire state of texas is dealing with the worst drought they have ever had and now the radar, the eastern part of the country will deal with storms. it is hot. humid. we will see more storms this afternoon. texas unfortunately is not beginning to get much rain. in the northern plains, big storms, and some this afternoon, and they will be severe, keep that in mind, and across the west, we will continue to deal with storms cross the four corners. and now, everyone is excited about the state fair for the food and this year, those are doughnuts and a burger. and bacon. how is that for breakfast? take a bite. >> rick will be 20 pounds heavier by the end of the show. >> we will not be able t
're doing. not getting a big reaction from that in the mainstream media. we're going to have a fair and balanced debate on that moments from now. >>> and we continue to keep one eye on this story, awful breaking news coming in the from norway after that bombs -- bombing earlier. now reports that a gunman went into a youth camp, and the wires are saying that a number of people have been shot in this incident. ambassador john bolton joins us now in three minutes on that story as an investigation is now underway following another deadly bus crash on our nation's roads as well. one person is dead, dozens more are injured, and we may be joined moments from now by the soldier who helped to save lives at this scene. he became a first responder. this is an incredible story, and we're trying to get a conversation with him going. we'll keep you posted on that. >>> also an ohio policeman under fire for a rant that was caught on his dash cam. did this officer overreact? the we're going to play that tape for you, you can see what you think. be right back, more "america live". >> what's the first
. >> hi. >> my name is amanda, and i'm a big fan, i'm from iowa originally. >> nice. >> yes. [laughter] i'm an atheist, and in dangerousville, ohio, in 2008 you asserted that no organization receiving taxpayer funds would be able to discriminate in hiring or firing based on a person's religion. however, you have not rescinded the executive order that permits this type of discrimination. in a time of economic hardship when it's difficult for a person to get a job based on her skills, what would you say to a woman who has been denied employment because of her religion or lack of religious beliefs by a taxpayer-funded organization? >> well, this is a very difficult issue, but a more narrow one than i think might be implied. it's very straightforward that people shouldn't be discriminated against for race, gender, sexual orientation and/or religious affiliation. what has happened is that there has been a carve outdating back to president clinton's presidency. for religious organizations in their hiring for particular purposes. and this is always a tricky part of the first amendment. on the on
hikes as well. >> that's the big sacrifice? one of their big cuts is a trillion dollars out of the defense budget because they figured out that the iraq war is winding down so afghanistan is also winding down and that's the trillion dollars they thought they'd save but they don't list anything with the harry reid plan and not to look at entitlements, how could you possibly say we're taking a hard look and making tough decision abouts the future of our -- of the country economically and not look at entitlements when even the president of the united states has had a problem. let's look at john boehner. he says, all right, i'll raise the debt ceiling. this is what i mean by a two phased plan. just a trillion dollars and we'll have $1.2 trillion in cuts by the end of the year. the future cuts will be commissioned and sent up after they commission a bipartisan panel to decide, you know, republicans or democrats to decide which will be cut and what shouldn't. >> and apparently, it would be along the lines of the cut, cap and balance as you can see right there. here is something th
. >> it was a big vote in the house today, what's going to happen with your 401k on the outcome of that vote. >> we have to focus on gretchen's 401k. >> revealing all, gretchen? >> no. next on the rundown, who knew john mccain was a fan of "lord of the rings"? >> tea party hobbitts could return to mother earth. >> why he's turning on republicans, the tea party ones at least in the debt debate. >> and these two soldiers served together but did not come home together. now they are side by side at arlington national cemetery but their friendship lives on through an amazing story that both of their families are here to share and that's coming up. >> happy birthday, elizabeth berkeley! that actress turns 39 today. and i'll list her movies in the break. ♪ [ female announcer ] erybody loves that cushiony feeling. uh oh. i gotta go. [ female announcer ] and with charmin ultra soft, you can get that same cushiony feeling you love while still using less. charmin ultra ft has extra cushions that are soft and more absorbent. so you can use four times less versus the leading value brand. ah. [ femalennounce
is it the big question of default and whether or not it would indeed have to happen? weigh in, you can see what other folks are saying there, we'll check back in on that survey in a little while. let's go for a moment to the state of alabama where educators are raising concerns about the state's new immigration law. the people who run the school district are complaining that following that law may put them at risk of losing federal funding. jonathan serrie has that story live from atlanta. >> reporter: sponsors of the new law say it's going to give alabama taxpayers an accurate assessment of just how much they pay each year to support public services, including education for illegal immigrants. but some public school officials say it places them in an uncomfortable position. some alabama educators fear the state's new law cracking down on illegal immigration could jeopardize millions of dollars of federal funding for public schools. at issue is one provision requiring schools to report the number of undocumented students they enroll. phoenix city school superintendent larry dechera says it's eu
a blank check today. this is just not going to happen. >> so is it about the american people or one big re-election campaign? we report, you decide. >> meanwhile, the united states government arming a mexican drug cartel for war? and when people said hey, this doesn't smell right, a brand new report says that's when the cover-up began. yes, the cover-up, brian. >> yes, a grandmother confronted by a naked intruder. >> again? >> not in my house! >> be strong. there's always a way to protect yourself. use it! >> but this crook picked on the wrong lady. "fox & friends" the right show for you because we start right now. >> come on in, folks and welcome to our tuesday telecast. we have lots to talk about because the president of the united states and the speaker of the house last night decided it was time to go in front of the american public to make their case. >> again? as brian just said about the other story, again? >> right. >> how many times do we have to have a press conference to try to figure out what the hell to do with our debt? it's one press conference after another and i thin
. [ jack ] yeah, ts is pretty good. don't you have a big race today? don't worry, kevin, i've got it all covered. (cheering crowd) track announcer: and jamie mcmurray wins the brickyard 400. how'd we do? announcer: check out huge clearance savings at bass pro shops and our upcoming fall hunting classic. he was all like "oh no, i cannot do investing." next thing you know he's got a stunning portfolio. shhhh, you're welcome. [ male announcer ] e-trade. investing unleashed. >> all right. glad you're up. the debt ceiling deadline quickly approaching. we're less than one week away from possible default. so how will washington come together on a solution before tuesday's deadline? will they at all? former advisor to president bill clinton and author of "revolt" dick morris now joins us. dick, i know you have a lot to say about this and how this is all playing out. first off, as for the president, is this drama working for him? >> no. no, it's working against him. ultimately, whenever washington is a mess, it's the president that gets blamed for it. now, of course, republicans in congress get
" on this monday, a very special welcome back to jenna lee. jenna: thank you very much. jon: anything big happened while you were gone? jenna: got married, went on a honeymoon. i'm back for good. jon: glad to have you. brand-new developments in the debt showdown as the clock ticks closure to government default. now the tea party is stepping in, pushing its cut, cap and balance plan. jenna: ccp, a measure that raises the limit on america's credit card by another $2.4 trillion, only after big and immediate spending cuts, as well as a constitutional amendment requiring a balanced federal budget. jon: it looks likely to pass in the house but the senate is a very different story. mike emanuel live at the white house for us now. what is the latest from the white house, first of all, mike? >> reporter: jon the white house perspective that this is a huge problem, our nation's debt, so this is the time to do something big and do something bold. it is not clear where the votes will be in terms of trying to do something of that nature. our understanding is from talking to sources, both here at the white hous
back down in the right direction. we are doing it against big odds because he's got the bully pulpit in the white house. the democrats control the senate. but the house republicans are doing everything they can to steer this debate and we want in the senate, we want to have an opportunity to join them many we hope we will get that chance when the winner -- when the boehner plan comes our way. >> sean: thank you senators. michelle malkin is here. we'll get her reaction to senator reid accusing speaker boehner of caving to the tea party movement and the attacks again the tea party that took place in the "wall street journal" and the wee [ male announcer ] to the 5:00 a.m. scholar. the two trains and a bus rider. the "i'll sleep when it's done" academic. for 80 years, we've been inspired by you. and we've been honored to walk with you to help you get where you want to be ♪ because your moment is now. let nothing stand in your way. learn more at keller.edu. it's the cleanest, clearest water. we find the best, sweetest crab for red lobster we can find. yeah! [ male announcer ] hurry in
that through the house. by 5, 6, 7 months depending how big the package is the bigger, the better. send it to the senate. the senate has to take it up they will have to pass it and the president will have to sign it. this will give us more time to work the problem and give a revenue neutral tax reform that lowers rates and cleans out a lot of the trash in the code. >> i am angry with republicans in this sense. we don't appear to have their act together. the president is putting his plan in writing on the table. this is frustrating to me. on the very day the house is voting on real substantive kutsz dealing with the foundational issues of our debt problem that would help bring recovery into play why did they give the president the ability to run out with a gang of 6? haehn hang on a second we have a plan and distract the country with what i thought they were focused on democrats were opposing it and we have to stop the measure with the o'connell issue. it's like they are negotiating with themselves and the president hasn't put up a plan. >> one of the members of the gang of 6 the senator
: the debt debacle the threat of a credit downgrade is very real. stock sell off is very big. speaker boehner says a dirty word trying to get republicans in line. tonight, the standoff in washington. plus, the moment of the norway explosion caught on tape the blast shook the store and sent people running into the streets. [sirens] of course now we know that was only the beginning. and before the day ended, dozens would be dead. tonight, remembering the victims. and is this man planning yet another attack from behind bars? smile for the cops. >> look in the camera and in a matter of seconds a true identity in all of the criminal record comes back. >> it really has been a game changer. >> shepard: tonight, how police are using facial recognition to confirm your i.d. but, first from fox this wednesday night, never in this nation's history have we faced anything quite like this. make no mistake the politicians have created this crisis that could sink our nation's credit rating. six days to go until the deadline to raise the debt ceiling, officials are warning they may not be able to pay all the c
it against big odds because he's got the bully pulpit in the white house. the democrats control the senate. but the house republicans are doing everything they can to steer this debate and we want in the senate, we want to have an opportunity to join them many we hope we will get that chance when the winner -- when the boehner plan comes our way. >> sean: thank you senators. michelle malkin is here. we'll get her reaction to senator reid accusing speaker boehner of caving to the tea party movement and the attacks again the tea party that took place in the "wall street journal" and the weekly standard, coming up. my doctor told me calcium is besabsorbed in small continuous amounts. only one calcium supplement does that in one daily dose. new citracal slow release... continuously releases calcium plus d for the efficient absorption my body needs. citracal. ♪ ♪ i like dat, all right [ male announcer ] mio. a revolutionary water enhancer. add a little...or a lot. for a drink that's just the way you like it. make it yours. make it mio. it's the cleanest, clearest water. we find the best, sw
our treasury debt to anyone who wants it. that is the big question whether they will be able to do that. we're told at this meeting they explained the mechanics what would happen in the event of a shutdown. we are also told that they have been assured that there will not be a shutdown or that bondholders will not be honored, probably news of relief to them because they would be stuck holding bad paper, bad promises and that would just be bad period. so, the other details as to what we the public will get to know might be released from the treasury department itself after the market closes, even though that is not necessarily a sure thing. but in the event of a downgrade, all bets are off there. i will leave that off the table for the time-being. let's say we don't meet this deadline, allison, then you're faced with the possibility of the government having to get by on a lot less but not anything. in other words, money is still coming in. we still have taxes taken out of our paycheck and the government will be still getting into the vicinity of 170 to $172 billion each month. unfort
Search Results 0 to 32 of about 33 (some duplicates have been removed)